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British utility SSE to exit Scotia Gas stake for $1.70 bln

Britain's SSE (SSE.L) on Monday agreed to sell its entire 33.3% stake in Scotia Gas Networks for 1.225 billion pounds ($1.70 billion) to a Canadian consortium of Ontario Teachers' Pension Plan Board and Brookfield Super-Core Infrastructure Partners.

read more... 02/08/2021

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Major developed countries cut emissions by just 3.7 per cent in the pre-2020 climate regime

A key group of major developed countries including all G7 countries collectively saw a mere 3.7 per cent reduction in greenhouse gas (GHG) emissions by 2019 over 1990 levels, according to a study by the Council on Energy, Environment and Water (CEEW).

read more... 02/08/2021

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Hydrogen goes nuclear as U.K. reactor pivots toward renewables

The $28 billion Sizewell C nuclear station is touted as an anchor for Britain reaching net-zero emissions, yet its reactors will compete with wind farms over the North Sea horizon. On gusty days, where will the plant’s excess power go? Toward making hydrogen.

read more... 02/08/2021

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EU invests €122m to help bring low carbon technologies to market

The European Union is investing more than €122 million (£104m) in innovative projects aimed at helping decarbonise the economy.

read more... 30/07/2021

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Daily (30.07.2021): British gas prices surged to record highs on Thursday as supply picture in Europe remains tight

Crude oil prices continued to increase on Thursday, marking another settlement at the highest in over two weeks after U.S. government data revealed a weekly drawdown in domestic crude, gasoline and distillate inventories. Hence, Brent crude soared by 1.8% to settle at $76.05 a barrel. U.S. WTI crude increased by 1.7% to close at $73.62 a barrel.

read more... 30/07/2021

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